Conforming to a rule, such as a specification, policy, standard or law.

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GDPR Impact: UK Cloud Survey 2017

General Data Protection Regulation (GDPR) is clearly the largest external focus for companies in the lead up to its introduction in May 2018. GDPR mandates considerably tougher penalties than the current Data Protection Act; organisations found in breach of the Regulation can expect administrative fines of up to 4% of annual global turnover or €20 million – whichever is greater. Fines of this scale could very easily lead to business insolvency.

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Data Sovereignty: UK Cloud Survey 2017

In the three months since the research undertaken by Serviceteam IT, which explored the impact of the external challenges that businesses face in 2017 and beyond, the uncertainly has not changed. The uncertainty of Brexit, the introduction of General Data Protection Regulation (GDPR), and the rise of cyber-crime, and most importantly Data Sovereignty.

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Cyber-Security: UK Cloud Survey 2017

UK business, infrastructure and government face an unprecedented level of threat from cyber-security attacks. The new National Cyber-Security Centre (NCSC) contended with 480 major incidents in its first 8 months, from global ransomware outbreaks to smaller breaches at British businesses, and the pace shows no sign of slowing.

Putting Off Plans to Strengthen Data Security? It Could Cost You Your Job

A cybersecurity incident can adversely affect individuals within an organization, costing an employee…

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Brexit Effects: UK Cloud Survey 2017

The predicted immediate economic slump has not materialised but there are growing signs that the uncertainty around BREXIT is having a detrimental effect on UK business. BREXIT was identified as the third most pressing issue after GDPR and cyber-security for respondents to the survey conducted by Serviceteam IT.

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GDPR cyber ransom demands predicted to increase

In the past, cyber attackers have often been unaware of how much stolen data is worth to organisations. However, the implementation of GDPR means that organisations can be fined up to 4% of their global annual turnover or €20m, whichever is greater, if found to have a data breach. These fines effectively provide cyber criminals with a price point for criminals to understand how much the data is worth to organisations.

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Expected impact of Brexit on the UK tech sector

Technology companies are behind 24% of UK exports and 3 million jobs. However, the UK’s high-tech industry is likely to suffer as a result of the vote to leave the EU. This is expected to occur as a result of the significant network effects that impact this sector of the economy.